Eternity Law International News Investment fund in Dominica

Investment fund in Dominica

Published:
August 7, 2024

Registering an investment fund Dominica represents an excellent opportunity for potential investors. Dominica, located in the eastern Caribbean, offers attractive conditions for the creation and management of investment funds. In this material we will look at how to open an investment fund in the Commonwealth of Dominica and what requirements are imposed on foreign entrepreneurs.

Our company is a leading provider of legal services, specializing in supporting investors in the process of registering and managing funds in various jurisdictions, as well as in obtaining an investment fund license. We strive to provide our clients with a full range of services for the successful launch and management of investment funds, providing advice and support at every stage. Our team of experts helps select the optimal strategies and jurisdictions to maximize benefits and minimize risks for investors.

Benefits of Dominica investment funds

There are many advantages for individuals and legal entities who decide to implement a Dominica fund setup.

  1. Flexible requirements: minimum requirements for capitalization, founders, directors and shares of the fund.
  2. Effective business regulation: quick registration of the fund, no restrictions on the size and currency of the authorized capital.
  3. Minimum financial reporting requirements: a simplified reporting system reduces administrative burden.
  4. Flexible legislation: Laws and regulations are regularly updated to meet modern business requirements.
  5. High degree of confidentiality: the names of the directors and founders of the fund are not disclosed, which ensures the protection of investors’ personal information.

Dominica investment regulations

Dominica offers a wide range of legal forms of business incorporation, the most popular of which is the International Business Company (IBC), also known as a non-resident company. The International Business Organizations Act (IBC), passed in 1996, provides progressive regulation with a flexible structure. Since then, the country has seen rapid growth in its business sector thanks to liberal legislation and fast fund registration procedures.

Our company provides professional services for registration and support of investment funds in various jurisdictions. We are proud to be able to offer clients reliable support and advice on all matters related to opening and managing funds in Dominica. Our team of experts is always ready to help in choosing the optimal organizational and legal form and ensure that all necessary procedures are completed for successful registration. We also have many options for ready-made businesses, in particular, we can offer an alternative investment fund for sale in the Czech Republic and much more.

Dominica fund registration: basic requirements

We offer individuals fully tax-exempt status, with zero financial reporting obligations and low fixed annual licensing fees. To register an individual entrepreneur in Dominica, you must come up with a company name that is different from the name of any other legal entity in the state. The name may end with words and their corresponding abbreviations that characterize the chosen legal form.

  1. Founders and Directors: A local foundation may be formed by one founder or one director/founder. The founder and director can be one person.
  2. No obligation to hire a local secretary: simplified fund management structure.
  3. Flexibility in the choice of founders and directors: they can be both individuals and legal entities, and the citizenship of the official does not matter.

Dominica fund management: confidentiality and business restrictions

Dominica has a closed register of offshore companies; information about beneficial owners is not available to the public. However, the fund cannot conduct business with residents of Dominica, own real estate in this jurisdiction, provide company management services or provide services for maintaining a registered office for legal entities of the country. It is also prohibited to operate in the banking, insurance, reinsurance or trust industries without the appropriate license.

Dominica investment fund taxation and legal framework

Legislation regulating the functioning of local funds was adopted in June 1996 and provides for a 20-year exemption from state fees. Thus, companies in Dominica do not pay:

  • capital gains tax: all fund income derived from capital gains is exempt from taxation;
  • inheritance tax: inheritance of foundation assets is not subject to taxes;
  • stamp duties on company income: no additional taxes on fund income.

Progressive legislation

Dominican legislation is periodically reviewed and amended to introduce more attractive conditions for investors. This will ensure that the registration and subsequent administration of an investment fund in Dominica will meet the needs of businessmen wishing to benefit from the benefits of this jurisdiction. Regular updates and adaptations of legislation help to maintain a high level of competitiveness and attractiveness of Dominica for foreign investors.

Key aspects of starting a fund in Dominica

Registering Dominica investment funds involves several key steps and requirements that need to be taken into account.

  1. Development of an investment strategy: determination of the main goals and objectives of the fund, selection of suitable instruments and investment methods.
  2. Selecting a legal structure: determining the optimal organizational and legal form of the fund that corresponds to its goals and objectives.
  3. Preparation of constituent documents: development and submission of all necessary documents for registration of the fund in accordance with the requirements of the legislation of Dominica.
  4. Obtaining necessary licenses and permits: ensuring that the fund’s activities comply with legal requirements and obtaining all necessary permits.

Our company provides comprehensive support and support at all stages of registration and management of an investment fund in Dominica. We ensure that the fund’s activities are fully compliant with legal requirements, provide advice on taxation and financial reporting, and help develop effective asset management strategies.

Support in registering and Dominica fund administration

Dominica has quickly become one of the world’s leading jurisdictions for registering investment funds. Our company provides a full range of services to support the process of registration and fund management. We help our clients navigate complex legal requirements, provide advice on all issues and provide support at every stage of fund creation. If you are interested in more information, you can take the opportunity to request a consultation on business regulation in Dominica.

We can offer clients reliable support and advice on all issues related to the opening and management of investment funds in Dominica. We strive to ensure that each client receives maximum benefits from registering a fund in this investor-friendly jurisdiction. By contacting us, you can be confident in the professionalism and efficiency of the services provided in opening an investment fund in SVG, Estonia, Cyprus, Portugal and other jurisdictions. We are always ready to help you achieve success in setting up and managing your investment fund in Dominica.

Businesses for sale

Cyprus Investment Fund for sale

Europe, Cyprus Hedge Funds for sale
New business opportunity – Cyprus Investment Fund for sale. Check out the main details of this transaction below. Overview of services provided by the Cyprus Investment Fund CIF for sale is authorized by CySEC to provide two types of services: investment services: Reception and transmission of orders in relation to one or more financial instruments...

Professionally-built investment fund in the Cayman Islands for sale

Offshore, Cayman Islands Crypto licenses for sale
This is a new investment opportunity – professionally-built investment fund in the Cayman Islands for sale. Please check out the main details regarding this proposal below. For sale investment fund in the Cayman Islands: key considerations Authorized by CIMA in the Cayman Islands; Two feeders (one in the USA and one in the Cayman Islands);...

Investment fund in Bahamas with bank accounts for sale

North America, Bahamas Hedge Funds for sale
Investment fund in Bahamas with bank accounts – what’s included: Year of company incorporation: 2015, Bahamas; The company has a highest license of a professional investment fund; The fund has a bank account in Central Bank of Bahamas; The fund also has an account in Hong Kong payment system in 28 currencies + accounts via...

You could be interested

Overview of Hong Kong Asset Management License: terms and permissions

For persons and legal entities looking to capture the share of Hong Kong’s exchanges, the SFC is the setter of a regulatory framework, having issued the Ordinance regulating derivative financial contracts (SFO). It refers to all market activities and details each of them. Hong Kong asset management license allows the delivery of a service of...

Offshore financial license

A financial activity is an activity in which the funds of a person are managed by a third party. Companies that are used for personal gain, such as personal investment companies, funds, or companies set up to manage their wealth otherwise, are not technically financial services companies, as these funds are solely owned by the...

SEMI license in Spain

Spain stands out as one of the most dynamic fintech ecosystems in Europe, with extensive experience in registering payment institutions and e-money institutions. The country provides tax breaks and other privileges, which makes it attractive to entrepreneurs compared to other jurisdictions. The Spanish market is developing rapidly in the payments sector, opening up significant opportunities....

Turks and Caicos Investment Dealer License

Activities related to certain investments carried out in this jurisdiction are permitted in accordance with two official acts. These acts are the Investment Dealer Operations Ordinance (IDLO) and the Mutual Fund Ordinance (MFO). Under these regulations, the responsibility for licensing, supervising and regulating investment dealers and mutual funds rests with the regulatory authorities of the...

Payment regulations in Asia: A detailed overview

Asia presents a varying legislative environment for payments. Every state has elaborated its own structure to solve specific difficulties and offer favorable circumstances in its fiscal system. That set of rules defines how enterprises function, providing protection, clearance, and effectiveness of transactions. However, you can use the assistance of a skilled PSP and do not...

Cryptographic Currency License in Estonian Jurisdiction: Description of the Procedure and New Regulations

Consider the option of obtaining a cryptocurrency license in Estonia for an enterprise that is registered in this state. Recently, there has been a change in the rules, and some requirements have increased, but Estonia is still one of the most attractive jurisdictions where such licensing can be carried out. Cryptocurrency license in Estonia Why...
Fill the blank:

Zurich

Dreikonigstrasse, 31A, Stockerhof

Kyiv

Baseina street, 7

London

Grosvenor Gardens, 52

Washington

1629 K St. Suite 300 N.W.

Vilnius

Gediminas Avenue, 44A

Tallinn

Kesklinna linnaosa, Tuukri 19

Edinburgh

Lochrin Square, 1

Nicosia

Jacovides Tower, 5 floor

Riga

Esplanade, 7 floor

Hong Kong

18 Harbour Road, 35/F, Central Plaza, Wanchai

Singapore

Level 42, Suntec Tower Three, 8 Temasek Boulevard

Sydney

20 Martin Place

Porto

2609 Avenida da Boavista
Calls are made only from Portugal

Tbilisi

Revaz Tabukashvili Str., N 45, area N 7